Author: Elan
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President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year.According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, Ripple, Chainlink, Kalshi and Paradigm, along with representatives from the Digital Chamber. Executives from Kraken, Gemini, the New York Stock Exchange and Nasdaq have also been invited.Trump and Commodity Futures Trading Commission (CFTC) Chair Michael Selig are among those expected to participate, while Securities and Exchange…
In 2026, South Africa has taken a harder stance against undocumented immigration, stepping up workplace inspections and putting greater pressure on employers who hire foreign nationals without valid work authorisation. On May 21, Home Affairs Minister Leon Schreiber told Parliament that 8,180 employers had been charged over the previous five years for employing foreign nationals without valid work permits. “Enforcement measures implemented to strengthen compliance with immigration laws include interventions and disruptions through inspections that are intelligence-driven, as well as rapid responses [to] reported incidents that require operations/inspections,” Schreiber said in response to a parliament question from Mnqobi Msezane. He…
It can be tricky to get your head around the concept of an “immutable” operating system; if you don’t care too much for nuance, you can think of it as simply more secure and more stable. The differences may be an unnecessary extra step if you’re moving from Windows to Linux for the first time, but if you end up with an immutable OS, you’ll be gaining several advantages for a minimal learning curve. These distros can all help smooth the journey. NixOS The original system that pioneered a new approach Now over twenty years old, NixOS is possibly the…
** For the best experience, download the free Africa Private Equity News app Android | iOS **Naran, a UAE-based mobility financing and fleet infrastructure platform, raised $10 million in equity and debt financing from investment firm Landel. The funds will support mobility fleet scaling in Colombia, Peru, Senegal, and Côte d’Ivoire, as well as the company’s entry into new markets, including the Middle East and North Africa, and the rollout of new fintech products. Founded in 2025 by Bayaskhalan Alexeev and Alexander Gubarev – both alumni of Yango, where they launched and scaled ride-hailing operations across Latin America and Africa…
There was a time when cotton was more than just another crop in Kenya. In parts of the country, it was white gold. Farmers planted it knowing that the harvest could pay school fees, put food on the table and keep money circulating in rural communities. Cooperatives provided a link between farmers and markets, ginneries kept workers employed and textile mills had a ready source of raw material. In Mpeketoni, Lamu County, David Njuguna, chairman of the Lake Kenyatta Cooperative Society, remembers those days vividly. He was born here and grew up watching his parents cultivate cotton on land they received in a settlement…
We highlight five entrepreneurs building businesses in West Africa across sectors ranging from retail and footwear manufacturing to fitness.1. Ghana: From side hustle to 16 stores – a retail entrepreneur’s storyIn 2012, Charles Antwi-Boahen was scraping by as a commission-only salesman at an air-conditioning company in Accra, often struggling to cover his own transport costs. Noticing that customers kept asking for split air conditioners – a product his employer didn’t sell – he cut a referral deal with local appliance distributor Electroland. That side hustle became Kab-Fam, an electronics and home appliance retailer that today operates 16 stores across Ghana.…
Once primarily worn as wrappers and ceremonial dress, Akwete cloth is finding new life in contemporary clothing and university training. Weavers, educators and heritage specialists say expanding its market could preserve generations of knowledge while creating new livelihoods. For three to four weeks, Uchechi Ahunanya will sit close to the wooden loom in Obohia-Ndoki in Abia State, Nigeria, her hands moving steadily across a dense curtain of purple thread. Against the workshop’s warm ochre walls, fine strands stretch above and around her as she carefully builds the cloth line by line, guiding each thread into place. For Ahunanya, weaving Akwete cloth…
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Airtel has launched Africa’s first commercial satellite-to-mobile service in the Democratic Republic of the Congo (DRC) through a partnership with Starlink, the Elon Musk-owned satellite internet company, which currently has 650 launched satellites. According to Airtel DRC Managing Director Thierry Diasnova, the launch follows groundwork preparations and a pilot of Starlink’s mobile data and messaging services in Kenya in March. The development also follows the strategic partnership between Airtel Africa and Starlink announced in December 2025. Airtel DRC Managing Director Thierry Diasnova The launch marks a historic moment for Airtel Africa and the continent towards the push to bridge the…